A Purchaser Paid $1,539

question 119

Multiple Choice

A purchaser paid $1,539.13 for a computer system that originally cost $1,215.91. If the markup was 21% of the $1,539.13 selling price, then what is the percent markup based on cost? (Round to the nearest tenth percent)

• A) 26.6%
• B) 81.0%
• C) 79.7%
• D) 35.1%

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Definitions:

Recruiting

The process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees.

Efficiency Measurement

The process of evaluating the performance of a system or process in terms of resource utilization.

Volume

In business, it refers to the quantity of an item produced or traded, often used to measure the level of activity in a business or market.

Number of People

The total count or population of individuals within a specified area or group.